268 History of Wake Forest College
December, 1833, that is, until 1903. A scholarship was to be given to
any who would pay five hundred dollars to the endowment fund. The
Trustees and faculty were to learn by experience that such
scholarships were not without evils.6
As the campaign for endowment was starting it became evident that
the cooperation of South Carolina Baptists in the support of Wake
Forest College could no longer be expected. Though they had shown
a friendly spirit and a few of them had been prompt and generous with
financial contributions, and some of their finest young men had come
to Wake Forest for their education, it was soon realized that the South
Carolina Baptists needed a college of their own. For a few years,
indeed, before 1840, the Furman Theological Institution had given
some academic instruction probably not above the high school grade,
but for the past ten years had taught only theological subjects. With
the beginning of 1850 academic instruction of high school grade
again was offered, but the South Carolinians were not satisfied with
this; they desired a college, and during the year 1850 inaugurated
measures which resulted in the establishment of Furman University at
Greenville. The charter was got in December, 1850, and its faculty
selected in 1851.7
Purefoy's plan was to visit the eastern part of the State during the
winter months and the western part in the summer, and as soon as
possible to work in the limits of the Chowan Association collecting
subscriptions already made to be applied to the payment of the debt to
the Literary Fund, and to secure new subscriptions for the
endowment.8
In the beginning of the campaign, Mr. Barclay Bower, of Warren
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6 Dr. Wheeler's plan for endowing the College was by means of scholarships. He
would have sold scholarships good for sixteen years for $100; good for twelve years
for $75; good for eight years for $50. He supposed that the agents could sell in one
year scholarships to the value of $100,000. He did not stop to reflect that so many
scholarships if used would have brought to the College one thousand students who
paid no tuition, who would have required a much larger faculty than could be
provided by the income on an investment of $100,000. See Biblical Recorder, July
3, 1847.
7 McGlothlin, Baptist Beginnings in Education, Chapter VIII. Biblical Recorder,
March 23, June 22, July 27, 1850.
8 Advertisement in Biblical Recorder, Nov. 9, 1850.
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